Jouder Precision Industry (Kunshan) Balance Sheet Health
Financial Health criteria checks 6/6
Jouder Precision Industry (Kunshan) has a total shareholder equity of CN¥549.6M and total debt of CN¥40.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CN¥667.6M and CN¥118.0M respectively. Jouder Precision Industry (Kunshan)'s EBIT is CN¥5.8M making its interest coverage ratio -4.4. It has cash and short-term investments of CN¥126.5M.
Key information
7.3%
Debt to equity ratio
CN¥40.00m
Debt
Interest coverage ratio | -4.4x |
Cash | CN¥126.51m |
Equity | CN¥549.58m |
Total liabilities | CN¥117.99m |
Total assets | CN¥667.57m |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549)
Jul 04Jouder Precision Industry (Kunshan) (SZSE:300549) Has Announced That Its Dividend Will Be Reduced To CN¥0.10
Jun 03Some Confidence Is Lacking In Jouder Precision Industry (Kunshan) Co., Ltd. (SZSE:300549) As Shares Slide 34%
Apr 16Jouder Precision Industry (Kunshan) Co., Ltd.'s (SZSE:300549) Business Is Yet to Catch Up With Its Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 300549's short term assets (CN¥374.5M) exceed its short term liabilities (CN¥113.8M).
Long Term Liabilities: 300549's short term assets (CN¥374.5M) exceed its long term liabilities (CN¥4.2M).
Debt to Equity History and Analysis
Debt Level: 300549 has more cash than its total debt.
Reducing Debt: 300549's debt to equity ratio has reduced from 18.5% to 7.3% over the past 5 years.
Debt Coverage: 300549's debt is well covered by operating cash flow (189.4%).
Interest Coverage: 300549 earns more interest than it pays, so coverage of interest payments is not a concern.